Quantcha now offering unlimited commission-free options trading. Quantchabot has detected a promising Bull Put Spread trade opportunity for 613179 (LI) for the 20-Nov-2020 expiration period. You can analyze the opportunity in depth over at the Quantcha Options Search Engine. LI was recently trading at $20.62 and has an implied volatility of 92.82% for this period. Based on an analysis of the options available for LI expiring on 20-Nov-2020, there is a 34.15% likelihood that the underlying will close within the analyzed range of $20.62-$25.89 at expiration. In this scenario, the average linear return for the trade would be 75.65%. Trending on StockTwits: StockTwits® is a financial communications platform for the financial and investing community. On their site, 613179 was recently trending, indicating that breaking news and/or market activity has significantly impacted sentiment toward the stock. This movement can be interpretted as a sign of more near-term price movement for the underlying. Trade approach: The recent sentiment change in LI on StockTwits appears to be moderately positive, indicating that the stock is likely to follow in that direction for investors trading on sentiment. As a result, a bullish strategy could prove effective if the sentiment ultimately turns out to drive trading. Upside potential: Using this bullish strategy, the trade would be profitable if 613179 closed at or above $20.10 on 20-Nov-2020. Based on our analysis, there is a 54.49% likelihood of this return. Downside risk: As with any options trade, there is a substantial downside risk where you may lose most or all of your investment. To analyze this trade in depth, please visit the Quantcha Options Search Engine.